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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 393.24+1.1%Dec 11 4:00 PM EST

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To: elmatador who wrote (49174)4/25/2009 8:40:07 AM
From: carranza28 Recommendations  Read Replies (2) of 218430
 
Americans build house to last 30 years max

That's crazy. My house is at least 100 years old, the average age of homes in my neighborhood. I have owned 3 homes in my life, all quite old, all in similar neighborhoods full of old homes.

My first home was a townhouse built by a ship's captain for his children. An amazingly well built place. The captain brought exotic woods from his travels to be used in the floors and finishes, stuff like tiger-eye maple, etc. Trust me, unbelievable. Old cypress in many other places, virtually indestructible.

Tiger eye maple:

staplescabinetmakers.com

Workmen who come to my home and see the attic are amazed by its construction. One said that it is where he would like to ride out a hurricane if he had to.

Point is, we have tons of homes like this in the US. These homes are renovated and still very much in use.

As far as new housing, you get what you pay for. Some bad, some good. Like everywhere else in the globe.

Your generalization is way off base.
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